BIR Released World Mirror on Plastics- May 2025 Edition
Plastic Recycling | 2025-05-21 12:37:32
Although a few recyclers have managed to increase their selling prices, the profit margins continue to remain razor-thin.
By Paul Ploumis
SEATTLE (Scrap Monster): The Bureau of International Recycling (BIR) released the May 2025 issue of its World Mirror on Plastics.
The most recent World Mirror article claims that the European plastic recycling industry is experiencing a structural problem as a result of rising electricity prices, quickly growing labor costs, and rising storage and transportation costs. According to reports, the region's recyclers are having trouble keeping up with the massive inventories and declining demand. As a result, the industry is perceived to be lacking in investment in innovative technology and capacity.
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Even though some recyclers have been able to raise their selling prices, the profit margins are still extremely narrow. In Eastern Europe, bale prices were reported to be constant to firm, while Polish flakes prices were reported to have increased. Scandinavia has reported a strong demand for polypropylene and polystyrene.
In response to US tariffs, China has redirected its rPET supplies to Asia. The region's price pressure has increased as a result of this. Trade flows have been hampered by the region's counties' stricter import restrictions on scrap plastics. It has been challenging for recyclers to get enough raw materials to maintain manufacturing due to rigorous regulations and logistical obstacles.
Recent tariffs, a surge of low-cost imports, and a decline in demand for recycled materials by well-known companies have all had an impact on the U.S. markets.
